Dear Clients & Friends,
Thank you for watching Cumberland Advisors' Friday, May 27, 2022 Week In Review, an end-of-week update on market conditions, equities & bonds with Matthew C. McAleer, Executive Vice President & Director of Equity Strategies, and John R. Mousseau, President, CEO, and Director of Fixed Income.

Matt McAleer & Equities
- Interest rates leveled off, causing Muni bonds to rip higher
- Saw a slightly weaker dollar as well, but oil still very strong
- Refining problem causing pinch for consumers
- Real demand returned to reverse weakness, helping to create levels to trade off of
John Mousseau & Fixed Income
- Treasuries down just slightly, provided other markets with some stability this week
- Munis rallied, with lower rated paper likely outperforming
- Bond fund flows still negative, but not as negative
- PCE right on expectations at .2, but month over month numbers lower
View this week's video Air Back in the Balloon using the link above or this URL: https://youtu.be/pvfOjU_G2pM
Please send any feedback from today's email/video to Matt McAleer.
-Link to Matt's Email: [email protected]
-Link to Matt's Twitter: https://twitter.com/MattMcAleer4
-Link to Matt's LinkedIn: https://www.linkedin.com/in/matthew-c-mcaleer/
-Call Matt: (800) 257-7013 ext. 346
Other questions or comments? Email us at [email protected] or give us a call at (800) 257-7013
Have a great weekend,
-Matt, John, & Cumberland Advisors
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